Jump to ContentJump to Main Navigation
Soft InnovationEconomics, Product Aesthetics, and the Creative Industries$
Users without a subscription are not able to see the full content.

Paul Stoneman

Print publication date: 2010

Print ISBN-13: 9780199572489

Published to Oxford Scholarship Online: May 2010

DOI: 10.1093/acprof:oso/9780199572489.001.0001

Show Summary Details
Page of

PRINTED FROM OXFORD SCHOLARSHIP ONLINE (www.oxfordscholarship.com). (c) Copyright Oxford University Press, 2019. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use. date: 16 October 2019

The Economic Analysis of TPP Innovation as a Foundation for the Analysis of Soft Innovation

The Economic Analysis of TPP Innovation as a Foundation for the Analysis of Soft Innovation

Chapter:
(p.137) 6 The Economic Analysis of TPP Innovation as a Foundation for the Analysis of Soft Innovation
Source:
Soft Innovation
Author(s):

Paul Stoneman

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780199572489.003.0006

This chapter explores the extent to which soft innovation can usefully be modelled as an economic process driven by economic incentives and subject to economic rationality, and also the extent to which the use of tools and techniques commonly employed in the standard economic analysis of innovation is still relevant in this context. Although useful in many ways, the standard literature upon the determinants of technological innovation is found to be not completely suited to the analysis of soft innovation. This is primarily due to: (i) the fact that soft innovation is mainly concerned with the introduction of new product variants, and thus models with differentiated products are most appropriate; and (ii) partly to do with difficulties in conceptualising, in the context of soft innovation, a basic component of standard models that relates expenditure on R&D to the extent of any advance.

Keywords:   economic modelling, incentives, product differentiation, rationality, R&D

Oxford Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs , and if you can't find the answer there, please contact us .